Mercury General CorporationMCY

Where MCY's P/E ratio sits inside its own 10-year distribution, with the yearly high, low and average.

$102.64-1.89 (-1.81%)Previous close
NYSEFinancial Services

MCY P/E ratio: current value, 10-year range and year-by-year history

6.1Historically cheap

MCY's p/e ratio is lower than 83% of the last 10 years.

P/E ratio History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
MCY P/E ratio historyMCY P/E ratio from Sep 2023 to Sep 2026: low -21.67, high 29.79, latest 6.07.-25.79-10.864.0618.9933.91Sep 23Apr 24Nov 24Jun 25Feb 26Sep 26med 9.39

MCY P/E ratio by year

Yearly range of MCY’s p/e ratio from 2016 to 2026. Over the full period it ranged from -543.9 to 56.5, averaging -0.4.

MCY P/E ratio — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20265.77.49.86.1
20255.69.912.89.6
20246.214.029.87.9
2023-21.7-9.0-3.2-20.3
2022-55.0-11.412.6-4.0
20215.27.111.911.9
20205.920.056.57.7
2019-543.9-113.720.08.4
2018-517.127.136.3-517.1
201729.039.048.629.9
201622.826.028.027.2

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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.

FormulaPrice / Earnings Per Share
Full guide
How to read this chart

The chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.

Key caveats
  • Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
  • A falling P/E trend may signal a business in structural decline, not a buying opportunity.

Is MCY P/E ratio High or Low Right Now?

Mercury General Corporation's P/E ratio is currently 6.1, which is historically cheap relative to its 10-year historical range. The 10-year median P/E ratio for MCY is approximately 10.6. See all MCY valuation metrics →

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